Elminaz

Elminaz is 55 years old. She is married and has seven children. The Mammadov family lives in the Fuzuli region. She has been in the cattle business for 15 years. Now she needs a loan of 2,000 Azerbaijani New Manats to buy four calves to improve her business.

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About Komak

Komak means “help” in Azerbaijani. As of its creation in 1999, Komak has kept true to its name by helping thousands of Internally Displaced Persons, refugees and the economically disadvantaged by providing these groups with sustainable credit services. As of 2010 Komak’s $2.5 million portfolio serves 1513 clients, 81% of whom are IDPs, and 40% of borrowers are women. In 2009, Komak was cited in a report by the United Nations General Assembly as one of Azerbaijan's prominent forces in restoring the local economy by enabling small and medium enterprises with credit. For more on Komak, please join our lending team, Friends of Komak Credit Union.